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1. Garden Variety Flower Shop uses 1000 clay pots a month. The pots are purchased at $3 each. Annual carrying costs per pot are estimated to be 25% of cost, and ordering costs are $25 per order. a. Determine the economic order quantity. b. Compute the total cost of ordering and carrying clay pots. c. If the manager has been using an order size of 2,000 pots, how much can be saved per year by improving the inventory policy?
Streaming Video: The Job Market for Graduates DQ Video Document Discussion Topic What is your opinion of the interviewing tips given in the video? Which tips of your own would you
A state department of tourism and recreation collects data on the number of cars with out-of-state license plates in a state park. (The group's position is that more out-of-state p
Is it selfish to prefer (saving) one's own life to that of others?
operation management is the central to the function of business organisation.discuss this statement highlighting how organisations interract with the other functional areas of your
Consider a time when you have acted as a leader in the past and had to mitigate an issue. Examine how you resolved the issue. If the issue was not resolved, examine the steps you t
A team has just completed a SWOT analysis of the company. Briefly state what this analysis should be used for in the context of strategy.
How do differences in income levels and income distribution among nations affect international businesses?
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Recalling your participation in Workshop 1, identify a process at your organisation that has been or could be analysed and/or improved using simulation (via software such as Extend
Carter Dalton is well on his way to starting a new venture-- Max, Inc. He has projected a need for $350,000 in initial capital. He plans to invest $150,000 himself and either borro
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